Synopsis:Acclaimed stock market analyst Richard Arms presents a practical, hands-on explanation of how he trades stocks. Using the methods that he has pioneered, along with other technical tools, Arms will show how to identify stocks that are beginning to gather momentum; establish precise entry and exit points; and manage the trade to maximize profits. Geared for active stock traders, the method generally calls for holding stocks for a few days to two or three weeks. But unlike similar approaches, it does not require constant monitoring of the market, special software, or extensive analysis. The method is simple, efficient, and easy-to-learn. A trader can put in his/her orders with a broker and simply walk away. With the right approach, Arms emphasizes that stock trading can be fun and exciting. And he shows how to make the less enjoyable part of trading -- money management -- simple and automatic. Arms has successfully traded stocks for over 40 years, and this book digests his methods into a simple and practical approach that traders can expect to generate annual returns of about 30%.